13F filing recap · Q4 2002

What did Bill & Melinda Gates Foundation Trust buy in Q4 2002?

Reported stock-position changes between this filing and the previous one.

Stock value

$2.38B

Positions

Estimated turnover

21.9%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

THCTenet Healthcare Corp$32.80Mreported value+2.00M shares UPSUnited Parcel Service, Inc$31.54Mreported value+500.0K shares KOCoca Cola Co$21.92Mreported value+500.0K shares UCLUnocal Corporation$15.29Mreported value+500.0K shares SCHLScholastic Corporation$14.38Mreported value+400.0K shares TVGrupo Televisa, S.a.b.$14.22Mreported value+509.1K shares

Increased positions

SPYSPDR S&P 500 ETF Trust$695.25Mreported value+1.07M shares+15.7%BPBp Plc$109.75Mreported value+700.0K shares+35.0%CAHCardinal Health, Inc.$90.26Mreported value+600.0K shares+64.9%DUKDuke Energy Corp$87.93Mreported value+3.25M shares

Reduced positions

UVNUnivision Communications Inc.$2.45Mreported value-900.0K shares-90.0%

Exited positions

IIFMorgan Stanley India Investment Fund, Inc.$4.63Mprior reported value-541.3K shares-100.0%